Analysts Anticipate AirSculpt Technologies, Inc. (NASDAQ:AIRS) Will Announce Earnings of $0.01 Per Share

Wall Street brokerages forecast that AirSculpt Technologies, Inc. (NASDAQ:AIRS – Get Rating) will announce earnings of $0.01 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for AirSculpt Technologies’ earnings, with the lowest EPS estimate coming in at $0.00 and the highest estimate coming in at $0.03. The business is expected to issue its next earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that AirSculpt Technologies will report full year earnings of $0.03 per share for the current year, with EPS estimates ranging from $0.00 to $0.10. For the next financial year, analysts expect that the company will report earnings of $0.69 per share, with EPS estimates ranging from $0.45 to $0.86. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow AirSculpt Technologies.

Several brokerages have recently weighed in on AIRS. SVB Leerink boosted their price objective on shares of AirSculpt Technologies from $26.00 to $27.00 and gave the stock an “outperform” rating in a research report on Monday, March 14th. Zacks Investment Research upgraded shares of AirSculpt Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, February 2nd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, AirSculpt Technologies currently has a consensus rating of “Buy” and an average target price of $21.00.

A number of hedge funds have recently added to or reduced their stakes in AIRS. Penserra Capital Management LLC purchased a new position in AirSculpt Technologies during the 4th quarter worth $38,000. Citigroup Inc. purchased a new position in AirSculpt Technologies during the 4th quarter worth $40,000. JPMorgan Chase & Co. purchased a new position in AirSculpt Technologies during the 4th quarter worth $43,000. New York State Common Retirement Fund purchased a new position in AirSculpt Technologies during the 1st quarter worth $62,000. Finally, Bank of America Corp DE acquired a new position in shares of AirSculpt Technologies during the 4th quarter worth $63,000. Hedge funds and other institutional investors own 64.47% of the company’s stock.

Shares of NASDAQ:AIRS opened at $9.96 on Thursday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.98. AirSculpt Technologies has a twelve month low of $9.70 and a twelve month high of $18.48. The business’s 50 day moving average is $12.44.

About AirSculpt Technologies (Get Rating)

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. It offers custom body contouring using its AirSculpt procedure that removes unwanted fat in a minimally invasive procedure.

Further Reading